What Are The Card Charge-Off Rates For The Largest U.S. Card Issuers?

-14.46%
Downside
239
Market
205
Trefis
AXP: American Express Company logo
AXP
American Express Company

American Express has the lowest card charge-off rate among all major U.S. card issuers, while the figure for U.S. Bancorp was the highest among these lenders.

CC_QA_CardChargeoff_15FY

The weighted average charge-off rate represents the average card charge-off rate for these card issuers as weighed by their outstanding card balances.

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See the links below for more information about the U.S. banking industry:

Notes:
1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment/ ask questions on the comment section
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to the full Trefis analysis for U.S. Bancorp | Wells Fargo | JPMorgan ChaseBank of America | Citigroup | Capital OneAmerican Express | Discover

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